Beam Global leases 54,400 sq ft Yuma facility for manufacturing; 5-year term with purchase option

Beam Global

Lease for two industrial buildings totaling ~54,400 sq ft at 653 & 655 E 20th St, Yuma, AZ for manufacturing.
Term: 5 years (653) and 4 yrs 7 mo (655), commencing July 15, 2026 and Jan 1, 2027, respectively.
Monthly rent: $7,810.25 initial, then $27,184.50 from Jan 2027 escalating to $30,596.39 by Aug 2030.
Granted exclusive option to purchase Premises at any time during term; purchase price $4.5M in first year, +3% annually.
Security deposit of $17,581.01; Lessee responsible for taxes, insurance, operating costs.

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